Fuel Price Hike: Nigerians Too Poor For SUVs – Kalu Aja

In the face of severe economic challenges and rising fuel prices, financial analyst and educator Kalu Aja has recommended that Nigerians consider purchasing cars with smaller engines.

Aja said Nigerians are too poor for SUVs that guzzle premium motor spirit, popularly known as PMS.

In a post on his X handle, Aja said: “Start buying cars small-capacity engines

“Nigerians are too poor for SUVs that guzzle PMS prices in $ according to “free market”

“PMS is not going to be cheap,Your income has to rise to make PMS cheap.

“This has to be a change of mindset, you are not a rich people, yet.”

Start buying cars small-capacity engines

Nigerians are too poor for SUVs that guzzle PMS prices in $ according to “free market”

PMS is not going to be cheap,Your income has to rise to make PMS cheap.

This has to be a change of mindset, you are not a rich people, yet. pic.twitter.com/bEfkA6i1aO

— Kalu Aja (@FinPlanKaluAja1) September 6, 2024